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DeGRAM
Sep 26, 2022 7:13 AM

DeGRAM | EURUSD descending channel Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD is basically moving in the descending channel and it's gaining momentum. 

Price action is moving in a consolidation-expansion pattern. 

If the market creates false breaks at the resistance level , then we can look for a selling opportunity. 

We expect bearish moves or consolidation because price action tends to consolidate after big moves.


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Comments
DeGRAM
Good luck in the markets and have a great trading week!
FOREXN1
@DeGRAM, Agree. we are also SHORT !
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